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Active operations of Ashgabat branch of Russian-Asian Commercial Bank (1905–1917)
Author(s) -
Bakhtiyor A. Alimdjanov
Publication year - 2021
Publication title -
omskij naučnyj vestnik. seriâ "obŝestvo. istoriâ. sovremennostʹ"
Language(s) - English
Resource type - Journals
eISSN - 2541-7983
pISSN - 2542-0488
DOI - 10.25206/2542-0488-2021-6-3-15-21
Subject(s) - empire , colonialism , historiography , modernization theory , state (computer science) , economy , russian history , russian economy , political science , economic history , history , economic system , economics , ancient history , law , algorithm , computer science
The topic of the history of banks’ activity in Central Asia has been little studied in national and world historiography, although its study allows revealing new aspects of the economic policy of the Russian Empire in the region. The article is written on the basis of documents extracted from the Russian State Historical Archives (RSHA). The financial institutions of the Russian Empire took into account local specifics and encouraged the production of export-oriented products. The main goal of the article is to reveal the active operations of the Russian-Asian Commercial Bank in the formation of market relations in the traditional economy of the outskirts of the Russian Empire. We believe that the colonial economy had a specific character, which was expressed not in the destruction of the local «industry», but in the development of agriculture. In writing the article, statistical methods and the theory of modernization of the colonial periphery were used

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